---
title: "Hogs Look to Monday Trade"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285127606.md"
description: "Lean hog futures are trading lower, with contracts down 97 cents to $1.50. The USDA's national base hog price was not reported due to light volume, and the CME Lean Hog Index decreased by 11 cents to $91.30. Managed money reduced their net long positions by 8,026 contracts, totaling 57,565 contracts. The USDA reported a pork carcass cutout value increase of 35 cents to $97.94 per cwt, while hog slaughter estimates were at 2.446 million head, down from last week but up from last year."
datetime: "2026-05-04T21:50:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285127606.md)
  - [en](https://longbridge.com/en/news/285127606.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285127606.md)
---

# Hogs Look to Monday Trade

Lean hog futures are trading with contracts 97 cents to $1.50 lower at midday. USDA’s national base hog price was not reported on Monday morning due to light volume. The CME Lean Hog Index was back down 11 cents on April 30 at $91.30.

CFTC data from Friday showed managed money slashing another 8,026 contracts from their net long in lean hog futures and options by Tuesday, taking the net long to 57,565 contracts.

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USDA’s pork carcass cutout value from the Monday AM report was up 35 cents at $97.94 per cwt. The loin and ham primals were the only reported lower. USDA estimated federally inspected hog slaughter at 2.446 million head. That is down 23,000 head from the previous week but 30,311 head above the same week last year.

May 26 Hogs are at $91.850, down $0.975,

Jun 26 Hogs are at $99.950, down $1.325

Jul 26 Hogs are at $102.000, down $1.375,

On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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